These two business entity options have some similarities and, of course, differences. Choosing between the two will depend on your business type and its needs, as well as your own liability and tax planning goals.
One reason why making your business an LLC is worthwhile is because, as the name “limited liability company” suggests, it creates a barrier between the business activity and the member's personal assets from a legal standpoint. That said, an Inc. pretty much offers the same liability protection that an LLC does.
Generally speaking, LLCs indeed have less paperwork, particularly because it doesn't have to hold “annual meetings” of the directors and take meeting minutes. It also does not have to issue “stock certificates” to its members.